Ford Incentives and Lease Deals for May 2024
When it comes to leases, the 2024 Ford Edge and 2023 F-150 will likely offer Excellent value. The worst lease deals are probably going to be on the 2025 Ford Explorer and 2024 Mustang, you'll want to stay away from leasing these models.
Of note for May, Ford is forecast to offer up to $12,500 in cash rebates on the 2023 Ford F-150 Lightning Electric and $7,500 on the 2023 E-Transit. Overall, the average rebate across all Ford models is currently $3,100.
As for financing deals, Ford will likely continue to offer 0% financing for 72 months on some models, including cash back up to $2,500.
Incentives can vary a lot by region. Always verify with your local dealers.
Ready to Negotiate the Best Ford Deal?
The price/lease quote services I recommend are TrueCar and CarsDirect. They will get you best deal offers from local dealers, helping you gather bids easily (Use my car negotiation method to further reduce prices)
Ford Lease Deals Summary
Looking at the data for Ford lease deals over the past year, we can note that the "Bang for Buck" value, which indicates the value of the lease deal by dividing the MSRP by the Monthly Payment, has remained fairly consistent. The range for Ford leases over the last 12 months is between 61 and 66, with an average of 64.
The current lease deals, with a B4B of 65, are slightly better than the past year's average, so now may be a decent time to look at leasing depending on model.
Note: fluctuations you see in the chart when it comes to monthly payments is a combination of Bang for Buck values and changes in trim levels and MSRPs promoted in advertised lease deals. There will not always be a perfect correlation between B4B and average monthly payments due to changes in MSRPs.
Best Current Ford Lease Deals May 2024
| Vehicle | Monthly Payment / $0 Down | ||||
|---|---|---|---|---|---|
| MSRP | Payment | Value | Best Region | Deals | |
| Ford Edge 2024 SEL | $41,160 | $461 /mo | Excellent | Detroit | |
| Ford Mach-E Electric 2023 GT | $54,195 | $626 /mo | Good | Multiregion | |
| Ford F-150 2023 Limited | $85,005 | $1,018 /mo | Good | Detroit | |
| Ford Bronco Sport 2023 Base | $30,810 | $371 /mo | Good | Florida | |
| Ford Escape 2023 ST-Line | $31,835 | $390 /mo | Good | New York | |
| Ford F-150 Lightning Electric 2023 XLT | $56,990 | $719 /mo | OK | Detroit | |
| Ford Explorer 2023 Timberline | $50,925 | $651 /mo | OK | Florida | |
| Ford Explorer 2024 Timberline | $51,025 | $660 /mo | OK | Florida | |
| Ford F-150 2024 Platinum | $75,730 | $985 /mo | OK | Multiregion | |
| Ford Bronco 2023 Base | $36,785 | $491 /mo | OK | Detroit | |
| Ford Escape 2024 ST-Line | $31,985 | $424 /mo | OK | Southeast | |
| Ford Escape Hybrid 2023 ST-Line | $34,835 | $466 /mo | OK | New York | |
| Ford Escape Plug-in Hybrid 2023 Phev | $41,995 | $588 /mo | OK | New York | |
| Ford Explorer Hybrid 2023 Platinum | $55,865 | $796 /mo | OK | Florida | |
| Ford Expedition 2024 Timberline | $73,695 | $1,157 /mo | Poor | Nationwide | |
| Ford Bronco Sport 2024 Big Bend | $31,390 | $495 /mo | Poor | Nationwide | |
| Ford Escape Hybrid 2024 ST-Line Elite | $41,105 | $665 /mo | Poor | Multiregion | |
| Ford Mustang 2024 Premium Fastback | $38,040 | $617 /mo | Poor | Nationwide | |
| Ford Escape Plug-in Hybrid 2024 Phev | $41,995 | $693 /mo | Poor | Nationwide | |
| Ford Explorer 2025 Platinum | $53,120 | $925 /mo | Terrible | Multiregion | |
| Ford Mach-E Electric 2024 Mustang Mach-E Rally | $61,890 | $1,098 /mo | Terrible | Nationwide | |
Best Ford Cash Rebates
| Vehicle | Best Region | Max Rebate | Deals |
|---|---|---|---|
| 2023 Ford F-150 Lightning Electric | Nationwide | $12,500 | |
| 2023 Ford E-Transit | Nationwide | $7,500 | |
| 2023 Ford Bronco Sport | West Coast | $6,500 | |
| 2023 Ford Escape Plug-in Hybrid | West Coast | $4,000 | |
| 2024 Ford F-150 | New York | $3,500 | |
| 2024 Ford Expedition | Texas | $3,000 | |
| 2023 Ford Escape Hybrid | West Coast | $3,000 | |
| 2023 Ford Escape | West Coast | $3,000 | |
| 2023 Ford Mach-E Electric | Nationwide | $3,000 | |
| 2024 Ford Mustang | Texas | $2,000 | |
| 2023 Ford F-450 | Nationwide | $1,500 | |
| 2023 Ford F-350 | Nationwide | $1,500 | |
| 2023 Ford F-250 | Nationwide | $1,500 | |
| 2024 Ford Edge | Multiregion | $1,500 | |
| 2023 Ford Bronco | Nationwide | $1,000 | |
| 2023 Ford F-150 | Texas | $1,000 | |
| 2024 Ford Bronco Sport | Nationwide | $750 | |
| 2023 Ford Explorer Hybrid | Multiregion | $750 | |
| 2023 Ford Explorer | Multiregion | $750 |
Best Ford Finance Deals
| Vehicle | 36 mo | 48 mo | 60 mo | 72 mo | 84 mo | Deals |
|---|---|---|---|---|---|---|
| 2024 Ford Mustang | 1.9% | 2.9% | 3.9% | 5.9% | 7.9% | |
| 2024 Ford Mach-E Electric | 1.9% | 2.9% | 3.9% | 5.9% | 7.9% | |
| 2024 Ford F-150 | 3.9%
+$1,500 |
4.9%
+$1,500 |
4.49% | 7.9%
+$1,500 |
9.9%
+$1,500 |
|
| 2024 Ford F-150 Lightning Electric | 2.9% | 3.9% | 4.9% | 6.9% | 8.9% | |
| 2024 Ford Explorer | 1.9% | 2.9% | 3.9% | 5.9% | 7.9% | |
| 2024 Ford Expedition | 1.9% | 2.9% | 3.9% | 2.9% | 7.9% | |
| 2024 Ford Escape Plug-in Hybrid | 0% | 0.9% | 1.9% | 2.9% | 5.9% | |
| 2024 Ford Escape Hybrid | 0% | 0.9% | 1.9% | 2.9% | 5.9% | |
| 2024 Ford Escape | 0% | 0.9% | 1.9% | 2.9% | 5.9% | |
| 2024 Ford Edge | 0%
+$2,500 |
0%
+$2,500 |
0%
+$2,500 |
0%
+$2,500 |
1.9%
+$2,500 |
|
| 2023 Ford Mach-E Electric | 0% | 0% | 0% | 0% | 1.9% | |
| 2023 Ford F-150 | 1.9%
+$2,500 |
2.9%
+$2,500 |
1.9% | 5.9%
+$2,500 |
7.9%
+$2,500 |
|
| 2023 Ford F-150 Lightning Electric | 1.9%
+$2,500 |
2.9%
+$2,500 |
3.9%
+$2,500 |
5.9%
+$2,500 |
7.9%
+$2,500 |
|
| 2023 Ford Explorer Hybrid | 0%
+$1,750 |
0%
+$1,750 |
0%
+$1,750 |
1.9%
+$1,750 |
3.9%
+$1,750 |
|
| 2023 Ford Explorer | 0%
+$1,750 |
0%
+$1,750 |
0%
+$1,750 |
1.9%
+$1,750 |
3.9%
+$1,750 |
|
| 2023 Ford Escape Plug-in Hybrid | 0%
+$3,000 |
0%
+$3,000 |
0%
+$3,000 |
1.9%
+$3,000 |
3.9%
+$3,000 |
|
| 2023 Ford Escape Hybrid | 0%
+$3,000 |
0%
+$3,000 |
0%
+$3,000 |
0% | 3.9%
+$3,000 |
|
| 2023 Ford Escape | 0%
+$3,000 |
0%
+$3,000 |
0%
+$3,000 |
0% | 3.9%
+$3,000 |
|
| 2023 Ford E-Transit | 0% | 0% | 0% | 1.9% | 3.9% | |
| 2023 Ford Bronco Sport | 0%
+$1,000 |
0%
+$1,000 |
0%
+$1,000 |
1.9%
+$1,000 |
3.9%
+$1,000 |
Ready to Negotiate the Best Ford Deal?
The price/lease quote services I recommend are TrueCar and CarsDirect. They will get you best deal offers from local dealers, helping you gather bids easily (Use my car negotiation method to further reduce prices)
Incentives By Make
- Best Acura Deals
- Best Alfa Romeo Deals
- Best Audi Deals
- Best BMW Deals
- Best Buick Deals
- Best Cadillac Deals
- Best Chevrolet Deals
- Best Chrysler Deals
- Best Dodge Deals
- Best Fiat Deals
- Best Ford Deals
- Best Genesis Deals
- Best GM Deals
- Best GMC Deals
- Best Honda Deals
- Best Hyundai Deals
- Best Infiniti Deals
- Best Jaguar Deals
- Best Jeep Deals
- Best Kia Deals
- Best Land Rover Deals
- Best Lexus Deals
- Best Lincoln Deals
- Best Maserati Deals
- Best Mazda Deals
- Best Mercedes Deals
- Best Mini Deals
- Best Mitsubishi Deals
- Best Nissan Deals
- Best Porsche Deals
- Best Ram Deals
- Best Subaru Deals
- Best Tesla Deals
- Best Toyota Deals
- Best Volkswagen Deals
- Best Volvo Deals
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
